Cypress Creek Renewables receives US$450 million in funding

Integrated renewable energy firm Cypress Creek Renewables has secured a US$450 million facility from a group of investors, led by Singapore-based investment company Temasek.

With this funding, Cypress Creek will utilise the proceeds to spur the ongoing development, construction and acquisition of solar assets located throughout the US.

Matt McGovern, Cypress Creek Renewables CEO, said: “This agreement accelerates our mission to put as much solar in the ground as soon as possible. We are excited at the opportunity to further build the business with support from Temasek and our other partners.”